Economic Inequality in Australia: a reassessment
This article reviews and analyses the evidence on the distribution of income and wealth in Australia since the 1960s. A number of scholars – most prominently among them Thomas Piketty – suggest that inequality has been increasing across the advanced capitalist world. Kuznets’ benign picture of an ‘i...
| Main Authors: | , |
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| Format: | Journal Article |
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Taylor and Francis
2015
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| Online Access: | http://hdl.handle.net/20.500.11937/3914 |
| _version_ | 1848744365318471680 |
|---|---|
| author | Fenna, Alan Tapper, Alan |
| author_facet | Fenna, Alan Tapper, Alan |
| author_sort | Fenna, Alan |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | This article reviews and analyses the evidence on the distribution of income and wealth in Australia since the 1960s. A number of scholars – most prominently among them Thomas Piketty – suggest that inequality has been increasing across the advanced capitalist world. Kuznets’ benign picture of an ‘inverted u-curve’ depicting declining inequality in modern industrial society is replaced with an altogether different and potentially quite alarming one. Does this hold for Australia? Surveying 25 income trend and 17 wealth distribution studies, we draw on the best available evidence and find that overall there has been far less of a rising inequality trend than is often assumed or argued. |
| first_indexed | 2025-11-14T06:00:18Z |
| format | Journal Article |
| id | curtin-20.500.11937-3914 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-14T06:00:18Z |
| publishDate | 2015 |
| publisher | Taylor and Francis |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-39142020-07-22T04:55:59Z Economic Inequality in Australia: a reassessment Fenna, Alan Tapper, Alan Inequality Wealth Income Distribution This article reviews and analyses the evidence on the distribution of income and wealth in Australia since the 1960s. A number of scholars – most prominently among them Thomas Piketty – suggest that inequality has been increasing across the advanced capitalist world. Kuznets’ benign picture of an ‘inverted u-curve’ depicting declining inequality in modern industrial society is replaced with an altogether different and potentially quite alarming one. Does this hold for Australia? Surveying 25 income trend and 17 wealth distribution studies, we draw on the best available evidence and find that overall there has been far less of a rising inequality trend than is often assumed or argued. 2015 Journal Article http://hdl.handle.net/20.500.11937/3914 10.1080/10361146.2015.1066309 Taylor and Francis restricted |
| spellingShingle | Inequality Wealth Income Distribution Fenna, Alan Tapper, Alan Economic Inequality in Australia: a reassessment |
| title | Economic Inequality in Australia: a reassessment |
| title_full | Economic Inequality in Australia: a reassessment |
| title_fullStr | Economic Inequality in Australia: a reassessment |
| title_full_unstemmed | Economic Inequality in Australia: a reassessment |
| title_short | Economic Inequality in Australia: a reassessment |
| title_sort | economic inequality in australia: a reassessment |
| topic | Inequality Wealth Income Distribution |
| url | http://hdl.handle.net/20.500.11937/3914 |